Tag: inflation
Survey shows loyalty wanes as consumers remain frustrated with rising prices
- General News
A recent survey conducted by R.R. Donnelley & Sons Company (RRD) found that consumers across key demographic groups have reached a breaking point and are shifting their shopping habits--prioritizing value over brand loyalty, favoring less expensive alternatives, hunting for bargains, and avoiding products considered too costly.
Restaurant Update: September could be a turning point
- Analysis
August marked a potentially pivotal moment for the restaurant industry. After several challenging months, signs of recovery are beginning to appear. While performance metrics show a mixed picture, they suggest the worst may be behind us.
Report: Restaurants hit record revenue but payroll outpaces gains
- General News
While restaurants have seen a substantial recovery over the past four years with rising revenues, they continue to face significant challenges from macroeconomic pressures such as increasing payroll costs and ongoing inflation.
Americans blame retailers and restaurants for inflation pain, not farmers
- Analysis
When it comes to food, Americans have much warmer feelings for farmers than they do for retailers or restaurants.
August inflation cools to 2.5%, while produce inflation drops year-over-year
- General News
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.5 percent before seasonal adjustment.
Restaurant Trends Report examines inflation across segments
- General News
Toast, the all-in-one digital platform built for restaurants, today announced its Q2 2024 Restaurant Trends Report, providing insight into the overall state of the U.S. restaurant industry through an analysis of aggregated data from selected cohorts of restaurants and in select U.S. cities on the Toast platform
Circana research shows 86% of eating occasions sourced from home
- General News
Circana, a leading advisor on the complexity of consumer behavior, recently released a new report providing a complete view of food and beverage consumption trends, both at home and away from home.
Subway launches $7 footlong promotion
- General News
Starting August 26 through September 8, guests can order any footlong sub on Subway's menu for just $6.99.
Annual inflation falls to 2.9 percent in July
- General News
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, after declining 0.1 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.9 percent before seasonal adjustment.
Report: Restaurant service fees continue to grow, wages stay above inflation
- General News
Square released the latest edition of its Quarterly Restaurant Report, which uses data across Square’s food and beverage sellers to examine dining trends, along with shifts in consumer spending and restaurant wages.